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Re:One of Wall Street’s Most Popular Trading Strategies Is N... by 2sk21 on Sunday March 03, 2019 @05:50AM (#19293827)
That and figuring out which ad to show you...
Re:One of Wall Street’s Most Popular Trading Strategies Is N... by wizzairflyer on Sunday March 03, 2019 @05:57AM (#19293852)
I see your points but then the question becomes how to give them an incentive to leave those fields. It feels that they are the only one that pay and consider you to your true value.
Re:One of Wall Street’s Most Popular Trading Strategies Is N... by diafygi on Sunday March 03, 2019 @06:31AM (#19293960)
I work in energy, and there's a big debate raging now about the externalities of fossil fuels. People working for the fossil industry make substantial salaries because their industry is not adequately taxed for the externalities their products are causing. If the fossil industries were properly taxed for externalities, my guess would be that salaries would be significantly affected.

Perhaps we should consider fintech and adtech to be similar scenarios? Fintech seems to have externalities that lead to ever growing income inequality. Adtech definitely has externalities on society in the form of increased susceptibility to foreign propaganda and mass surveillance.

I suspect the higher salaries in fintech and adtech are similarly inflated to fossil industry salaries due to the lack of taxing externalities.

Re:One of Wall Street’s Most Popular Trading Strategies Is N... by ForHackernews on Sunday March 03, 2019 @11:34AM (#19295250)
Why would higher industry-specific taxes lower salaries in that industry?
Re:One of Wall Street’s Most Popular Trading Strategies Is N... by Joe-Z on Sunday March 03, 2019 @06:26AM (#19293939)
No, that does not become the question. They chose money over morals, that's it.

It's not like they are helpless victims to economic principles, so they have no other choice than to work for the scummiest types of companies because they offer good pay.

Re:One of Wall Street’s Most Popular Trading Strategies Is N... by samatman on Sunday March 03, 2019 @06:33AM (#19293968)
Sure, you can stop there, if your interest is in moral judgement.

If you’re more interested in shifting the landscape, changing the incentives becomes the priority.

Only one of these puts a stop to the objectionable behavior and wasted talent. So I know which I prefer.

Re:One of Wall Street’s Most Popular Trading Strategies Is N... by cousin_it on Sunday March 03, 2019 @06:51AM (#19294026)
> If you’re more interested in shifting the landscape, changing the incentives becomes the priority.

Or changing laws to make the bad stuff illegal.

I'd be happy to make most ads illegal. In some places they banned all roadside billboards and you know what happened? It made the view better and didn't hurt the economy.

Re:One of Wall Street’s Most Popular Trading Strategies Is N... by samatman on Monday March 04, 2019 @12:48AM (#19299082)
That's certainly one way to change the incentives, and it's one I happen to be open to.
Re:One of Wall Street’s Most Popular Trading Strategies Is N... by sgt101 on Sunday March 03, 2019 @07:09AM (#19294092)
The strange thing is the addiction, people make several million dollars, and then keep going.... Doing bad things for no real motivation (if you v concede that fear of poverty is a fair driver)